Equities First Holdings (EFH) opened an office in the United Kingdom in 2012. At that time, they begin to offer financial advice and equity loans. The office in United Kingdom has produced over 700 transactions. The transactions in the new market was enough to have EFH has pushed into markets in Australia and China. An equity loan is an alternative method to a traditional loan. Equity loans allows stocks to be used as collateral upon approval by EFH. Some people are rejected by traditional banks before they turn an equity loan because equity loan has better approval rate than some traditional lending institutions.
And equity loan can be utilized by both business, or individual. An example of an equity loan is Chief Executive Officer of PaySafe Group PLC(PSG) Joel Leonoff used his shares to secure a 3-year loan. Once he repaid the loan, EFH gave him over 9 million shares. It was over 2 percent of his company’s shares.
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